Forward PE Ratio: 20.20
The forward PE ratio is 20.20 as of Thursday, July 9, 2026.
Forward PE Ratio (20.20) = Close Price ($85.28) / Consensus Forward EPS ($4.25)
EVRG Forward PE Ratio Metrics
FORWARD PE RATIO
20.20
EVRG Competitors' Forward PE Ratio
Evergy, Inc.
Market Cap
$19.66B
Forward PE Ratio
20.20
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Evergy, Inc. (EVRG) | $19.66B | 20.20 |
| Alliant Energy Corporation (LNT)vs › | $19.55B | 22.33 |
| Talen Energy Corporation (TLN)vs › | $17.45B | 16.66 |
| NiSource Inc (NI)vs › | $22.37B | 22.76 |
| CMS Energy Corporation (CMS)vs › | $23.17B | 19.62 |
| American Water Works Company, Inc. (AWK)vs › | $25.49B | 21.68 |
| Pinnacle West Capital Corporation (PNW)vs › | $12.94B | 22.73 |
| PPL Corporation (PPL)vs › | $26.83B | 18.44 |
| FirstEnergy Corp. (FE)vs › | $27.55B | 17.61 |
| Eversource Energy (ES)vs › | $27.80B | 15.87 |
Trailing vs Forward
Trailing P/E
22.7
reported TTM EPS
Forward P/E
20.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.25 implies +12.4% EPS growth vs the reported trailing $3.78.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $85.28 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.25 | $4.24 – $4.27 | 7 | 20.0x |
| 2027-12-31 | $4.55 | $4.53 – $4.57 | 7 | 18.7x |
| 2028-12-31 | $4.95 | $4.91 – $5.02 | 3 | 17.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Evergy, Inc. (EVRG)?
- The forward PE ratio for EVRG stock is 20.20.
Related Metrics
About Evergy, Inc.
Evergy, Inc., along with its subsidiaries, operates as an integrated electric utility, focusing on the production, conveyance, distribution, and direct sale of power throughout Kansas and Missouri in the United States. The company's electricity generation relies on a diverse energy mix, utilizing sources such as coal, hydroelectric, landfill gas, uranium, natural gas, and oil, alongside a growing portfolio of renewables like solar and wind energy. Supporting its operations, Evergy maintains a robust infrastructure, which includes roughly 10,100 circuit miles of high-voltage transmission lines, about 39,800 circuit miles of overhead distribution lines, and an additional 13,000 circuit miles of underground distribution networks. It provides service to a substantial customer base of approximately 1,620,400, encompassing residential consumers, commercial enterprises, industrial facilities, municipal entities, and fellow electric utilities. Evergy, Inc. was founded in 2017 and has its main corporate headquarters situated in Kansas City, Missouri.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- David A. Campbell